Banking & Financial Services
Posted January 11, 2024 The 8th U.S. Circuit Court of Appeals denied UMB Bank’s bid to reinstate a lawsuit filed against the heirs of the Thomas Hart Benton estate, calling UMB’s argument groundless. UMB Bank and the heirs of Thomas…
more
Posted January 11, 2024 Overland Park-based True Wealth & Co. LLC will merge with Minnesota-based Intellicents, adding $158 million in assets under management to the Minnesota firm. The owners of True Wealth, CEO Bryan Sarff, CFO Kenny Burkhead and personal…
more
Posted January 4, 2024 Overland Park-based Mariner Wealth Advisors announced it has acquired Calif.-based Confluence Financial Planning, adding $360 Million in assets under management, and will be Mariner’s 99th location in the United States. The agreement, which began in October,…
more
Q: What do you consider your organization’s most significant achievement or highlight over the past year? A: I would have to list two: continued strong investment performance and client retention. These certainly go hand in hand. We couldn’t be more…
more
Posted December 28, 2023 Sunflower Bank announced it has hired a new Kansas City and Eastern Kansas market president to oversee the bank’s growth in the area. Billy Weiland joins Sunflower Bank as the Kansas City/Eastern Kansas regional market president…
more
Posted December 21, 2023 Leaders at the American Bankers Association (ABA) are urging President Biden to take action against the large number of regulatory initiatives under consideration by banking regulators. ABA president and CEO Rob Nichols wrote a letter to…
more
Posted December 21, 2023 The Federal Reserve Bank of Kansas City released its Third Quarter 2023 National Small Business Lending Survey, showing an increase in loan balances but new lending continues to decline. The survey found that outstanding small business…
more
Posted December 13, 2023 The Dow Jones Industrial Average reached a new record high Wednesday, a jump of more than 500 points, following the central bank’s decision to hold rates steady due to progress on inflation. The DOW increased more…
more
Posted December 12, 2023 Kansas City-based Husch Blackwell announced it will absorb Minneapolis-based Patterson Thuente IP, which will see Husch Blackwell’s Minneapolis office more than double in less than a year. The addition of Patterson Thuente will include 11 attorneys…
more
Posted December 7, 2023 Arvest Bank celebrated the grand opening of its latest branch on Prospect Avenue in east Kansas City, Mo., improving the banking resources available in the community. The $4.5 million state-of-the-art branch at 3121 Prospect Avenue began…
more
